GENERAL LEDGER WITH DATES PLS

Wells Technical institute (WT1), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unad;usted trial balance as of December 31 follows, along with descriptions of items a through h that require adjusting entries on December 31 . Additional Information a. An analysis of WT's insurance policies shows that $2,400 of coverage has expired. b. An inventory count shows that teaching supplies costing $2,800 are availablo at year-end. c. Annual depreciation on the equipment is $13,200. d. Anmal depreciation on the professional library is $7,200 : 6. On September 1, WTi agreed to do five training courses for a client for $2,500 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $12,500 cash in advance for all five training courses on September 1 , and WTI credited Unearned Revenue. 1. On October 15, WTI agreed to teach a four-month class (beginning immediatoly) for an executive with psyment due at the end of the class. At December 31,$7,500 of the tuition revenwe has been earned by WTL. 9. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee. h. The balance in the Prepaid Rent account represents rent for December. Trial Venture Consultants March 31 Balance